Agreement outlines intent to research and develop solutions to new challenges related to processing performance, power consumption, and design complexity.
July 3, 2024
TOKYO—Honda Motor Co. and IBM have agreed to collaborate on research and development of next-generation computing technologies needed to overcome challenges related to processing capability, power consumption and design complexity for software-defined vehicles (SDVs).
The Japanese automaker is investing more than 15 billion Canadian dollars to assemble EVs in Canada.
July 1, 2024
ALLISTON, ON—Honda Motor Co. plans to build a comprehensive EV value chain in Canada with an approximate investment of $11.2 billion, including investment by joint venture partners, to prepare for a future increase in EV demand in North America.
TOKYO—Honda Motor Co. has established a strategic partnership with Hanwa Co. to ensure a stable supply of essential metals for electric vehicle batteries.
TORRANCE, CA—Honda and South Korean battery maker LG Energy Solution will spend $4.4 billion to build a new battery assembly plant in the United States as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.